Adamera to Raise Over $700,000 for Exploration including Drilling on Gold Project in Washington State

Core Viewpoint - Adamera Minerals Corp. is initiating a non-brokered private placement financing to raise up to $724,000 for exploration drilling on its gold and silver properties in Washington State and British Columbia [1][2]. Financing Details - The financing will consist of two components: 1. Up to 5,600,000 Units at $0.09 per Unit, generating gross proceeds of $504,000, with each unit comprising one common share and one common share purchase warrant exercisable at $0.15 for two years [5]. 2. Up to 2,000,000 flow-through units at $0.11 per unit, raising $220,000, with each unit consisting of one common share and one-half warrant, also exercisable at $0.15 for two years [5]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State [5]. - Flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project, which may qualify for a 30% Critical Mineral Exploration Tax Credit [5]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold deposits in Washington State and British Columbia, holding multiple drill-ready targets in areas with historical mining activity [4].